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Technocrats Plasma Systems Ltd

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: Electric Equipment | Small Cap | Technocrats Plasma Share Price

BSE Share Price
Not Listed

Technocrats Plasma Systems Ltd

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: Electric Equipment | Small Cap | Technocrats Plasma Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹0 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹0
TTM Sales
₹0 Cr.
Book Value per Share
-
P/E Ratio
0.00
Industry PE
56.2
Price to Book (P/B)
0.00
Price to Sales (P/S)
0.00
EV/EBITDA
0.00
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
56.24%
Return on Capital Employed (ROCE)
67.10%
Return on Assets (ROA)
28.44%
Operating Profit Margin
20%
Net Profit Margin
11.37%
Gross Profit Margin
19.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
166.03%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
197.85%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
84.22%
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
₹3 Cr.
Equity
₹0 Cr.
Face Value
-
All Time Low / High
- / -

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % -9.6%0.1%-16.6%-1.4%-6.7%13.1%9.1%16.3%50.4%67.1%-

Growth Parameters

Sales 10.13.84.16.62.34.24.56.149.41310
Sales YoY Gr.--62%7.6%59.4%-64.9%82.6%6.2%35.9%714.5%166%-
Adj EPS -2.8-1.9-2.7-1.1-1.60.11.42.17.111.60
YoY Gr.-NANANANANA1066.7%46.4%244.9%64.1%-
BVPS (₹) 3.11.6-1.1-2.2-3.80.21.43.512.430.20
Adj Net
Profit
-2-1.3-1.9-0.7-1.10.11.52.28.114.9NAN
Cash Flow from Ops. 0.40.31.20.80.1-0.1-1.20.8-5.1-11.7-
Debt/CF from Ops. 20.822.368.158.1-53.8-5.78.5-2-1.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 33%124.6%208.8%166%
Adj EPS NANA102.4%64.1%
BVPS28.8%NA177%142.8%
Share Price - - - -

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-62.7-80.9-1000.666.554.2-11.1170.783.890.256.10
Op. Profit
Mgn %
-8.4-8-26.60-11.920.118.522.117.920NAN
Net Profit
Mgn %
-19.4-34.5-45.6-11.4-48.23.133.936.416.411.4NAN
Debt to
Equity
3.46.6-9.4-4.5-2.821.54.31.80.70.4-
Working Cap
Days
4651,4191,2446141,3346746785451501390
Cash Conv.
Cycle
29876169932482841448139794810

Valuation of Technocrats Plasma - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales10.063.824.116.552.304.204.466.0649.36131.31
Operating Expenses + 10.914.135.206.552.573.363.634.7240.53105.01
Manufacturing Costs0.190.230.370.550.290.440.230.620.991.35
Material Costs8.532.132.393.840.771.381.401.8735.4298.47
Employee Cost 1.250.891.011.120.800.810.991.091.532.12
Other Costs 0.930.881.421.040.700.731.021.142.583.07
Operating Profit -0.84-0.31-1.090-0.270.840.821.348.8326.30
Operating Profit Margin (%) -8.4%-8.0%-26.6%0.0%-11.9%20.1%18.5%22.1%17.9%20.0%
Other Income + 0.050.470.060.050.060.030.020.290.080.10
Exceptional Items 00-000-0.070000
Interest 1.040.960.790.660.660.550.620.711.031.26
Depreciation 0.160.150.130.130.120.150.130.120.120.20
Profit Before Tax -2.01-0.95-1.94-0.74-10.100.100.817.7624.94
Tax -0.060.06-0.0700.110.02-1.41-1.40-0.3510
Profit After Tax -1.95-1.01-1.87-0.74-1.110.081.512.218.1114.94
PAT Margin (%) -19.4%-26.5%-45.6%-11.3%-48.2%2.0%33.9%36.4%16.4%11.4%
Adjusted EPS (₹)-2.8-1.5-2.7-1.1-1.60.11.42.17.111.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 2.141.12-0.75-1.49-2.600.241.533.7414.2439.01
Share Capital 0.990.990.990.990.991.541.541.541.6412.88
Reserves 1.150.14-1.74-2.48-3.58-1.30-0.012.2012.6126.13
Debt +7.236.996.546.426.874.676.505.079.5012.31
Long Term Debt1.614.153.893.824.472.284.042.778.017.97
Short Term Debt5.622.842.652.602.402.392.452.301.494.33
Minority Interest0000000000
Trade Payables6.546.335.632.922.231.231.051.028.8811.24
Others Liabilities 2.042.944.043.273.313.481.481.190.379.50
Total Liabilities 17.9417.3915.4611.129.819.6110.5511.0232.9972.06

Fixed Assets

Net Fixed Assets +2.322.152.041.921.801.651.601.491.442.42
Gross Block4.194.164.174.184.184.184.194.194.265.45
Accumulated Depreciation1.882.012.132.262.382.542.582.702.823.02
CWIP 0000000000
Investments 0000000000
Inventories6.255.725.484.404.354.414.505.0814.8133.18
Trade Receivables8.708.837.133.962.802.693.433.2714.9420.98
Cash Equivalents 0.330.320.360.230.200.250.100.280.240.44
Others Assets 0.340.370.450.620.660.620.910.901.5615.03
Total Assets 17.9417.3915.4611.129.819.6110.5511.0232.9972.06
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0.350.331.180.840.12-0.10-1.160.79-5.05-11.66
PBT -2.01-0.95-1.94-0.74-10.100.100.817.7624.94
Adjustment 1.190.660.900.780.770.700.690.771.781.47
Changes in Working Capital 1.160.622.230.790.46-0.89-1.93-0.76-13.62-35.94
Tax Paid 0.010.01-0.010.01-0.11-0-0.02-0.03-0.96-2.14
Cash Flow From Investing Activity + -00.44-00.010.070.01-0.180.02-0.18-1.21
Capex 00.45-0.01-0.0100-0.01-0-0.07-1.19
Net Investments 0000000000
Others -0-0.010.010.020.070.01-0.180.02-0.11-0.02
Cash Flow From Financing Activity + -0.29-0.78-1.14-0.97-0.220.141.19-0.625.1813.07
Net Proceeds from Shares 000002.75002.408.33
Net Proceeds from Borrowing 00000.26-2.191.76-1.275.241.46
Interest Paid -1.04-0.96-0.79-0.66-0.66-0.55-0.57-0.66-0.80-1.24
Dividend Paid 0000000000
Others 0.750.18-0.35-0.310.180.14-0.011.32-1.664.53
Net Cash Flow 0.05-0.010.04-0.13-0.030.06-0.160.18-0.040.20
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-62.66-62.16N/AN/AN/A059.683.7690.2156.24
ROCE (%)-9.640.11N/AN/AN/A13.119.1416.350.4167.1
Asset Turnover Ratio0.650.220.280.490.220.430.370.562.242.5
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-1.25-0.770.36-0.62-0.78
Working Capital Days
Receivable Days216.30823.20587.10309.30537.10238.20389.30201.8067.3049.90
Inventory Days227.60562433.50275.40695.80380.30359.60288.5073.6066.70
Payable Days178.901,100.70429.80406.101,219.40457.70136.902025137.30

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Technocrats Plasma Systems Ltd FAQs

The current trading price of Technocrats Plasma on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Technocrats Plasma stood at ₹0.00 Cr

The latest P/E ratio of Technocrats Plasma as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Technocrats Plasma as of 31-Dec-1969 is 0.00.

The 52-week high of Technocrats Plasma is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Technocrats Plasma is ₹0.00 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Technocrats Plasma Systems Ltd

Technocrats Plasma Systems was originally incorporated as ‘Technocrat Plasma Systems Private Limited’ as a private limited company on November 01, 1994. Later, the name of the company was changed from ‘Technocrat Plasma Systems Private Limited’ to ‘Technocrats Plasma Systems Private Limited’ pursuant to a resolution passed in the vide Extra Ordinary General Meeting held on dated June 24, 2021. Further, pursuant to special resolution passed by the members in the Annual General Meeting dated September 25, 2025, the company has converted from private limited to public limited on October 29, 2025. Consequently, the name of the company changed from ‘Technocrats Plasma Systems Private Limited’ to ‘Technocrats Plasma Systems Limited’. 

The company is an engineering-led manufacturer of plasma cutting machines, welding equipment and customised automation systems for metal fabrication and related industries in India. Its products are used by customers in various sectors including automotive, construction, shipbuilding, heavy engineering and general manufacturing. Its product portfolio includes manual and CNC-controlled plate and pipe cutting systems for different material thicknesses and profiles, welding equipment for MIG, TIG, ARC, SAW and laser processes, and automation solutions for cutting and welding lines. 

In addition to supplying equipment, the company provides technical consultancy on process selection and layout, site engineering support and digital and cloud-based fabrication support services. It also supports customers through installation and commissioning assistance, operator familiarisation, aftersales service and supply of spares and consumables over the life of the equipment.

Business area of the company 

The company is primarily engaged in the business of manufacturing, trading, and developing advanced industrial machinery and systems, with a specialization in plasma, laser, arc welding, CNC, and robotic technologies. Furthermore, it executes comprehensive turnkey projects and works contracts (encompassing design, civil, mechanical, and electrical integration); provides technical, engineering, and project management consultancy; offers equipment installation, commissioning, retrofitting, and maintenance services (including AMCs); and acts as a domestic and international commission agent, distributor, and representative for industrial goods.

Product and service verticals of the company

  • Machines (without automation) - Standalone plasma cutting and welding machines operated directly by the user. Includes manual plasma cutters (inverter, thyristor/diode, Hybrid Technology) and MMA, MIG/MAG, TIG and SAW welding power sources for workshop and field use. 
  • Machines (with automation) - CNC and automated cutting and welding systems. Includes CNC plate and pipe profile cutters (plasma/oxyfuel), laser cutting and welding systems, and welding automation / combined cutting-welding cells.
  • Customisation and Retrofit - Tailored configurations and upgrades for new and existing machines. Includes custom tables and fixtures, control and drive retrofits, power source upgrades and process add-ons.
  • Services - Lifecycle support for supplied equipment. Includes installation and commissioning, preventive maintenance and AMCs, training, and spares and retrofit support.

History and milestones

  • 1994: Incorporation of the company.
  • 1996: Indigenously designed, developed and began supply of Inverter Based TIG Welding Systems & Air Plasma Cutting Machine for Indian Market.
  • 2001: First foray of Technocrats into Development for Cutting Automation. Developed and Supplied multiple Tracer based Cutting Systems in Single Order.
  • 2003: Secured a Marquee customer through successful supply of AIR PLASMA Cutting Machine.
  • 2005: Developed and successfully supplied the Gas Plasma cutting machine (Model KALI-500T) 100 mm to Defense Industry.
  • 2007: Began export of Plasma Cutting Machines to Oman.
  • 2008: Developed the first CNC plate-cutting machine and successful supply to first major client and the successful supply of the first CNC plate-cutting machine.
  • 2008: Relocated operations to a company-owned premises comprising around 20,000 square feet of manufacturing space and 8,000 square feet of engineering office area.
  • 2009: Developed and successfully supplied CNC Pipe Profile Cutting Machine.
  • 2013: Supplied TIG Welding machines.
  • 2014: For the first time, Technocrats developed, and supplied a 5-Axis Plate Bevelling and Cutting CNC Machine.
  • 2014: Added Nigeria to the list of countries for export of machines.
  • 2014: Exported Welding Machines i.e., Model Solaris 4004 to Kuwait for the 1st time.
  • 2015: Export of 1st Welding Automation System for Transformer Welding to Uganda.
  • 2015: Start export machines to Bhutan.
  • 2017: Commence export of Semi- Automatic Cutting Machines i.e. Portable Profile cutting machine & Gas Cutting Nozzles to Greece.
  • 2024: Start export of multiple systems at Cameroon.
  • 2025: Entered into Technology Transfer Agreement with AIC RRCAT PI-HUB Foundation at Raja Ramanna Centre for Advanced Technology (RRCAT), Indore, a premier Government establishment for Fiber Laser for material processing application.
  • 2025: Entered into Technology Transfer Agreement (TTA) with Bhabha Atomic Research Centre (BARC), Mumbai for manufacturing of Air Plasma Incinerators.
  • 2025: Achieved turnover of Rs 49.35 crore.
  • 2025: Converted into a Public Limited Company.

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